What is USDC? The stable digital currency!
Content:
1. Quick Definition:
USDC = A stable digital currency pegged to the US dollar (1 USDC = 1 USD).
2. Features:
Price Stability
Fully backed by cash reserves
Transparency and regular reporting
Operates on various networks (Ethereum, Solana...)
3. Uses:
Safe trading
Hedging against market volatility
Digital payments
Decentralized Finance (DeFi)
4. Why does it matter to you?
It provides security and speed in money transfers, and is used as a reliable trading medium on major platforms like Binance.
---